From Malay Mail · · 1m
SSM extends compound clearance deadline to Dec 31
Companies get until December 31, 2026 to clear compounds at reduced rates.
In brief
Companies get until December 31, 2026 to clear compounds at reduced rates. SSM gives companies until December 31, 2026 to settle outstanding compounds at reduced rates under the Companies Act 1965 and 2016. Originally reported by Malay Mail.
SSM extends compound clearance deadline
The Companies Commission of Malaysia (SSM) has extended the period for compound reduction under the Companies Act 1965 and the Companies Act 2016 until December 31, 2026.
Eligible companies get reduced rates
Companies that have taken remedial action or met stipulated conditions can settle outstanding compounds at reduced rates.
Who qualifies for reduced rates
Companies that have lodged outstanding documents, are in winding up, applied for striking-off, or are subject to striking-off action can avail of reduced rates.
How to contact SSM for help
Companies can contact SSM Customer Care via chatbot, live chat, phone at 03-7721 4000, or email [email protected].
What to remember
SSM gives companies until December 31, 2026 to settle outstanding compounds at reduced rates under the Companies Act 1965 and 2016.
